Under what conditions related to business closure can Apricot Lane terminate the franchise agreement immediately?

Based on the 2025 Apricot Lane Franchise Disclosure Document, if a franchisee's agreement is terminated for any reason, any Location Option Agreement they may have will automatically terminate. This means that if Apricot Lane terminates the Franchise Agreement, any options the franchisee holds for additional locations are also immediately cancelled.

This condition is significant for prospective franchisees who may be considering expanding their Apricot Lane business with additional locations. The termination of the initial franchise agreement carries the additional risk of losing the rights to future expansion opportunities that were secured through a Location Option Agreement.

It is important to note that the FDD does not specify the reasons for which Apricot Lane can terminate the franchise agreement. A prospective franchisee should carefully review the full franchise agreement and discuss with Apricot Lane the specific conditions under which termination can occur, as well as the implications for any Location Option Agreements in place.